OMERS ADMINISTRATION Corp Invests $2.86 Million in Lennox International, Inc. $LII

OMERS ADMINISTRATION Corp bought a new position in shares of Lennox International, Inc. (NYSE:LII) in the second quarter, HoldingsChannel reports. The firm bought 4,999 shares of the construction company’s stock, valued at approximately $2,864,000.

Several other institutional investors also recently bought and sold shares of the stock. California State Teachers Retirement System increased its holdings in Lennox International by 6.1% in the 2nd quarter. California State Teachers Retirement System now owns 48,533 shares of the construction company’s stock valued at $27,821,000 after acquiring an additional 2,785 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Lennox International by 296.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 71,815 shares of the construction company’s stock valued at $41,168,000 after purchasing an additional 53,679 shares during the last quarter. Lazard Asset Management LLC boosted its holdings in shares of Lennox International by 111.1% during the 2nd quarter. Lazard Asset Management LLC now owns 18,659 shares of the construction company’s stock valued at $10,696,000 after purchasing an additional 9,818 shares during the last quarter. State of Tennessee Department of Treasury grew its position in shares of Lennox International by 75.2% during the second quarter. State of Tennessee Department of Treasury now owns 7,082 shares of the construction company’s stock valued at $4,060,000 after purchasing an additional 3,039 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in shares of Lennox International during the second quarter valued at about $54,000. 67.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. William Blair reaffirmed an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. Royal Bank Of Canada cut their price target on Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a report on Thursday, July 30th. The Goldman Sachs Group reduced their price objective on Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Barclays decreased their price objective on Lennox International from $600.00 to $597.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Finally, Vertical Research upgraded Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price for the company in a research report on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $546.58.

Lennox International Stock Performance

Lennox International stock opened at $388.71 on Wednesday. The company’s 50-day moving average price is $497.91 and its 200-day moving average price is $504.39. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 0.89. The company has a market cap of $13.43 billion, a PE ratio of 17.57, a price-to-earnings-growth ratio of 1.57 and a beta of 1.19. Lennox International, Inc. has a twelve month low of $387.45 and a twelve month high of $587.27.

Lennox International (NYSE:LII) last announced its quarterly earnings results on Wednesday, July 29th. The construction company reported $7.72 EPS for the quarter, beating analysts’ consensus estimates of $7.67 by $0.05. The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.56 billion. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm earned $7.82 EPS. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, equities research analysts forecast that Lennox International, Inc. will post 23.69 EPS for the current fiscal year.

Lennox International Company Profile

Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.